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Ultralife ULBI Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

CBAK Energy Technology, Inc. logo
CBAK Energy Technology, Inc.CBAT
-$2.95M-44.1%
Enovix Corporation logo
Enovix CorporationENVX
$2.06M-22.1%
EnerSys logo
EnerSysENS
Albemarle logo
AlbemarleALB

Other financials

Income statement

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Revenue$47.4M-6.5%
Gross profit$11.5M+8.8%
Operating income-$1.5M-159%
Net income-$471.0K+68.1%
EPS (diluted)-$8.75-192%

Balance sheet

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Cash & equivalents$8.9M+2.0%
Total debt$50.7M-11.8%
Total equity$129.6M-5.0%
Total assets$220.6M-1.4%

Cash flow

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Operating cash flow$2.3M-33.0%
CapEx$770.0K-14.0%
Free cash flow$1.5M-39.9%

Valuation

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Market cap$105.27M-22.4%
Enterprise value$147.11M-18.0%
P/S0.6×-0.2×

Profitability

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Gross margin24.1%-1.7pp
Operating margin-3.1%-9.1pp
Net margin-2.6%-4.5pp
FCF margin7.8%+3.9pp

Returns & leverage

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Return on equity-3.7%-6.1pp
Debt / equity0.4×0.0×
Current ratio2.6×-0.7×

Where this comes from

Reported directly by Ultralife in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The official record: Ultralife’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ultralife's noncontrolling interests in subsidiaries?
Ultralife (ULBI) reported noncontrolling interests in subsidiaries of $119K in Q1 2026.
How has Ultralife's noncontrolling interests in subsidiaries changed year-over-year?
Ultralife's noncontrolling interests in subsidiaries decreased by 42.2% year-over-year, from $206K to $119K.
What is the long-term trend for Ultralife's noncontrolling interests in subsidiaries?
Over 4 years (2021 to 2025), Ultralife's noncontrolling interests in subsidiaries has grown at a 2.3% compound annual growth rate (CAGR), from $127K to $139K.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.